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Jebel Ali Free Zone PowerPoint PPT Presentation


JAFZA is one of the largest and fastest growing free zones in the world. As the leading business hub of the Middle East, JAFZA provides world class infrastructure supported with value-added services and incentives. - http://www.kpi-global.com/company-formation-in-uae/company-setup-in-dubai/business-setup-in-jebel-ali-free-zone-jafza/

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Jebel Ali Free Zone

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Jebel ali free zone

jafza

“true joy is that which comes from progress

and success” – HH Sheikh Mohammed

JAFZA is one of the largest and fastest growing free zones in the world.

As the leading business hub of the Middle East, JAFZA provides world-

Key features

class infrastructure supported with value-added services and

incentives.

Ready access to world’s 8th

largest cargo airport.

*

Established in 1985, JAFZA today is spread over an area of 48 square

kilometres and is home to over 7100 companies from across the world,

Co-located with the world’s

largest manmade port

*

including over 120 of the Fortune Global 500 enterprises.

Upcoming GCC rail

connectivity through Union Rail

*

The JAFZA port has the capacity to handle 15 million containers

annually and is serviced by more than 170 shipping lines, thus making

Vibrant business community of

over 7100 companies

*

it the preferred destination to send and receive sea freight to any port

in the world.

Excellent infrastructure and

logistics

*

Being one of the largest Free Zones in Dubai, JAFZA has now developed

Full Free Zone benefits

*

into a business community within itself.


Jebel ali free zone

Over 7100 companies,

including 120 of the Fortune

500, have their presence in

JAFZ.

Excellent port

facilities

Leased land for

industry

JAFZA offers all free zone

•Ability to mortgage your

premises

to

a

bank

or

benefits, with the added

financing company.

advantage of being located

•Onsite Customs.

within Dubai…

In addition to this, companies can

FREE ZONE BENEFITS

avail benefits from the extensive

•100% foreign ownership.

network of double-tax avoidance

treaties that the United Arab

•0% corporate tax for 50 years

Emirates

has

signed

with

(a

concession

that

is

countries worldwide, including

renewable).

countries such as India, Pakistan,

Singapore,

China,

Malaysia,

•No

restriction

on

capital

Canada, Germany, Italy, Austria

repatriation.

and Holland.

•0%

import

or

re-export

Dubai

offers

the

additional

duties.

benefits of a very high standard

•0% personal income tax.

Recommended for

established trading &

industrial ventures, high

growth trading startups

of living and a vibrant expatriate

community with people from

•No currency restrictions.

over 180 nations living and

•No restriction on foreign

working in the region.

talent or employees.

© KPI Business Advisors & Consultants

2


Jebel ali free zone

TYPES OF LICENSES

DOCUMENTATION

REGISTRATION AND

LICENSING COSTS

Trading |Services |Industrial |

Individual Shareholder

Logistics

Registration (one time) –

Personal KYC

TYPES OF COMPANIES

FZE – US$ 2,725

Board Resolution calling for the

FZE – Single shareholder, minimum

establishment of the entity

FZCO – US$ 4,100

one share of AED 1,000,000

Branch – US$ 1,370

Letter from the bank confirming

deposit of share capital

FZCO – 2-5 shareholders, minimum

Annual Licensing -

capital of AED 500,000

Other routine documentation

Specific Trading/Industrial

(corporate shareholding is allowed)

viz. application forms, specimen

License – US$ 1,500-2.500

signatures etc.

BRANCH – of a foreign/UAE

Service License – US$ 2,200

company.

Corporate Shareholder

General Trading/Logistics

OFFICE BEARERS

Corporate KYC duly attested

License – US$ 8,200

from the UAE Embassy

2-5 Directors

VISAS

Board Resolution calling for

One Manager

the establishment of the

Based on size of facility availed,

One Secretary

entity

usually around 80 sq.ft. per visa.

FACILITIES OFFERED

Letter from the bank confirming

deposit of share capital (does

Standard Offices – starting from 27

not apply in case of branch

sq.mts at US$ 500-685 per sq.mt.

companies)

Warehouses/Light Industrial Units –

Other routine documentation

from 313 sq.mts at approx.. US$ 190

viz. application forms, specimen

per sq.mt.

signatures etc.

Leased Land – starting from 5,000

TAXATION

sq.ft. at US$ 5.50-22 per sq.ft.

No corporate tax or capital gains,

no personal income tax or any

other tax levied by the authority.

FINANCIAL STATEMENT AUDIT | BUSINESS CONSULTING | MARKET ENTRY STRATEGIES | CORPORATE SERVICES |

ENTERPRISE RISK MANAGEMENT | BUSINESS PROCESSES & KPI’s | CFO SERVICES | ERP IMPLEMENTATION

Enabling Performance. Discovering Value

© KPI Business Advisors & Consultants

3


Jebel ali free zone

ABOUT KPI

another Audit firm in Dubai, one of

the emerging market leaders. The

KPI, an Audit and Advisory firm in

firm transformed into a valued

Dubai, as a practice has more than

business partner in the GCC and Mr.

two decades of heritage that we are

Kamath

headed

the

Consulting

proud of; one that has seen economic

Practice in the merged entity.

highs and lows, along with the rise of

Dubai and United Arab Emirates to

In December 2011, the practice was

international prominence.

spun off from the merged entity and

re-branded as KPI.

Kamath Auditing was formed in the

year 1992 in the UAE. The firm grew

KPI is an independent member of

quickly in fame among clients and

GMN International, an association of

the industries it operated in. In

carefully

selected

professional

KPI has a pedigree and a sound

track record of consistency in

providing advice tailored to your

needs…

addition to regular audits, clients

accounting firms established and

approached the firm for many

respected in their own countries.

advisory and consulting activities for

GMN International has 70 offices in

feasibility studies, due diligence,

more than 32 countries across

market

research

and

valuation

Europe,

North

America,

South

projects.

America, Asia Pacific, Africa and the

Middle East.

In 2001, the firm was merged with

Contact Us

Suite 3108, The Citadel, Business Bay

P.O.Box 121395, Dubai, United Arab

Emirates

Tel: +971 4 455 1010

Fax: +971 4 455 1011

[email protected]

DISCLAIMER

While every effort has been made to ensure that the most recent and pertinent

information is available on this site, it is possible that some of this information

may have changed after it was posted here. Please note that this information does

not constitute legal or professional advice. Please write to us at admin@kpi-

global.com for the latest information and appropriate advice.

GMN International is an association of legally independent accounting and

business advisory firms. Each firm is a separate and independent legal entity and

as such has no liability for the acts or omissions of any other associate firm. GMN

International is the brand name for GMNI Coordination Limited (GMNICL), a UK

company limited by guarantee which provides coordination services to its

members. GMNICL does not provide, supervise or manage services to clients and

is not responsible or liable for the acts or omissions of any of its members nor can

it control the exercise of their professional judgment or bind them in any way.

Services are delivered to clients by the members of GMNICL. GMN International

is an association and does not fall within the definition of "network" under the

International Federation of Accountants (IFAC) Code of Ethics, Section 290 and the

European Union Statutory Audit (revised 8th Company Law) Directive.


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